FREE 10+ Side Letter Agreement Samples in PDF

Businesses use contractual agreements to establish legally binding contracts with another organization or company. It contains the terms and conditions that will require both parties to either do or not do in certain situations. These formal documents are used for different purposes such as business contracts, employment contracts, and sales contracts. It also ensures that both parties understand their roles and responsibilities to prevent misunderstandings in the future.

Businesses use contractual agreements to establish legally binding contracts with another organization or company. It contains the terms and conditions that will require both parties to either do or not do in certain situations. These formal documents are used for different purposes such as business contracts, employment contracts, and sales contracts. It also ensures that both parties understand their roles and responsibilities to prevent misunderstandings in the future.

10+ Side Letter Agreement Samples

1. Side Letter Agreement

2. Sample Side Letter Agreement

3. Rescinding Side Letter Agreement

4. Simple Side Letter Agreement

5. Formal Side Letter Agreement

6. Side Letter Agreement Memorandum

7. Side Letter Collective Bargaining Agreement

8. Realignment Side Letter Agreement

9. Side Letter Agreement Example

10. Standard Side Letter Agreement

11. Printable Side Letter Agreement

What is a Side Letter Agreement Template?

A side letter agreement template or also called a side agreement or side letter arrangement is a document that is usually used for contingency agreements for a contract, to clarify issues within a contract, to provide variations of a contract, and for confidentiality. It is a formal letter that contains the signature of both parties and is subjected to the same laws as contracts. This template includes information about an offer, acceptance, consideration, certainty, and the intention to establish a legally binding relationship. 

How to Write a Side Letter Agreement?

A letter of agreement is made to define the terms of a working relationship between two business partners and holds the parties involved accountable for accomplishing their duties and goals. This type of letter is also used when arranging a business investment, stating the terms which vary based upon the agreement between the parties. A side letter agreement can lead to legally enforceable rights and obligations but is not guaranteed and sometimes can only provide a moral effect. 

Step 1: Write the Title of your Document

At the top of your letter, you can add its title or use “Side Letter Agreement” to maintain simplicity. If you are regularly composing a number or agreement letters, you can use specific details such as the names of the involved parties or the topic of the general agreement.

Step 2: Provide your Personal Information

Below the title of your letter, you can write your personal information such as your name, address, the city you are currently residing in, the state, and ZIP code. You also have to include the date of when you have written your letter below your personal information. 

Step 3: Include the Personal Information of the Recipient

After writing the current date, include the personal information of your recipient such as their name, right title, company information, address, city, state, and ZIP code. Below their personal information, you must also include a salutation for your recipient.

Step 4: Write the Content of the Letter

You can start writing the content of your letter by composing the introductory paragraph which contains an explanation of the purpose of your letter. In the body paragraph, explain the details of the agreement with more details with the necessary information. Conclude your letter by including a brief closing paragraph.

Step 5: Provide a Closing Statement

Include a closing statement after writing your conclusion. You can choose among the most commonly used closing phrases such as ‘Regards’, ‘Sincerely’, and ‘Respectfully’. Include your signatures are the space provided and the date when you signed the letter.

FAQs

A side letter agreement template is a document that outlines the terms and conditions signed by the parties involved in the primary contract. This document follows the same law as contracts but is not legally binding. To become a legally binding document, it must include an offer, acceptance, consideration, and certainty and must express the intention to build legal relationships.